Is Buying Dollars for Frequent Flier Miles Unethical?

So genius, in fact, that the US mint has had to curb grotesque levels of coin buying which in some cases exceeded $400,000.

Even if you don’t have a credit card that could lay down seven figures on boxes of dollar coins (or the truck to carry them back to the bank), at some point you really need to ask yourself whether the whole practice might be a little unethical. In the first instance, is it OK generally to exploit a loophole like this for free miles?

The credit card companies who end up footing the bill for those benefiting the scheme to travel overseas may not be America’s favourite corporate citizens, but does that make the practice acceptable? And even if you have no qualms wasting the government’s time and resources to deliver you a few thousand dollars in coins, what about a few tens of thousands? Or hundreds of thousands?

How far would you be prepared to go to make your next overseas trip as cheap as possible?